82_FR_25760 82 FR 25655 - Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request

82 FR 25655 - Agency Information Collection Activities: Submission for OMB Review; Joint Comment Request

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
FEDERAL RESERVE SYSTEM
FEDERAL DEPOSIT INSURANCE CORPORATION

Federal Register Volume 82, Issue 105 (June 2, 2017)

Page Range25655-25657
FR Document2017-11420

In accordance with the requirements of the Paperwork Reduction Act (PRA) of 1995, the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. On March 1, 2017, the agencies, under the auspices of the Federal Financial Institutions Examination Council (FFIEC), requested public comment on a proposal to extend, with revision, the Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101). The FFIEC 101 is completed only by banking organizations subject to the advanced approaches risk-based capital rule. Generally, this rule applies to banking organizations with $250 billion or more in total consolidated assets or $10 billion or more in on-balance sheet foreign exposures (advanced approaches banking organizations). The agencies proposed to remove two credit valuation adjustment (CVA) items from the exposure at default (EAD) column on FFIEC 101 Schedule B, Summary Risk-Weighted Asset Information for Banks Approved to Use Advanced Internal Ratings-Based and Advanced Measurement Approaches for Regulatory Capital Purposes (items 31.a and 31.b, column D). The comment period for this proposal expired on May 1, 2017. The agencies did not receive any comments addressing the proposed changes and are now submitting requests to OMB for review and approval of the extension, with revision, of the FFIEC 101. These reporting changes would take effect as of the September 30, 2017, report date.

Federal Register, Volume 82 Issue 105 (Friday, June 2, 2017)
[Federal Register Volume 82, Number 105 (Friday, June 2, 2017)]
[Notices]
[Pages 25655-25657]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-11420]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

FEDERAL RESERVE SYSTEM

FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Joint Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; 
Board of Governors of the Federal Reserve System (Board); and Federal 
Deposit Insurance Corporation (FDIC).

ACTION: Joint notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act (PRA) of 1995, the OCC, the Board, and the FDIC (the agencies) may 
not conduct or sponsor, and the respondent is not required to respond 
to, an information collection unless it displays a currently valid 
Office of Management and Budget (OMB) control number.
    On March 1, 2017, the agencies, under the auspices of the Federal 
Financial Institutions Examination Council (FFIEC), requested public 
comment on a proposal to extend, with revision, the Regulatory Capital 
Reporting for Institutions Subject to the Advanced Capital Adequacy 
Framework (FFIEC 101). The FFIEC 101 is completed only by banking 
organizations subject to the advanced approaches risk-based capital 
rule. Generally, this rule applies to banking organizations with $250 
billion or more in total consolidated assets or $10 billion or more in 
on-balance sheet foreign exposures (advanced approaches banking 
organizations).
    The agencies proposed to remove two credit valuation adjustment 
(CVA) items from the exposure at default (EAD) column on FFIEC 101 
Schedule B, Summary Risk-Weighted Asset Information for Banks Approved 
to Use Advanced Internal Ratings-Based and Advanced Measurement 
Approaches for Regulatory Capital Purposes (items 31.a and 31.b, column 
D).
    The comment period for this proposal expired on May 1, 2017. The 
agencies did not receive any comments addressing the proposed changes 
and are now submitting requests to OMB for review and approval of the 
extension, with revision, of the FFIEC 101. These reporting changes 
would take effect as of the September 30, 2017, report date.

DATES: Comments must be submitted on or before July 3, 2017.

ADDRESSES: Interested parties are invited to submit written comments to 
any or all of the agencies. All comments, which should refer to the OMB 
control number(s), will be shared among the agencies.
    OCC: Because paper mail in the Washington, DC, area and at the OCC 
is subject to delay, commenters are encouraged to submit comments by 
email, if possible to [email protected]. Comments may be sent to: 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, Attention: 1557-0239 (FFIEC 101), 400 7th 
Street SW., Suite 3E-218, Washington, DC 20219. In addition, comments 
may be sent by fax to (571) 465-4326. You may personally inspect and 
photocopy comments at the OCC, 400 7th Street SW., Washington, DC 
20219. For security reasons, the OCC requires that visitors make an 
appointment to inspect comments. You

[[Page 25656]]

may do so by calling (202) 649-6700 or, for persons who are deaf or 
hard of hearing, TTY, (202) 649-5597. Upon arrival, visitors will be 
required to present valid government-issued photo identification and to 
submit to security screening in order to inspect and photocopy 
comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not enclose any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Board: You may submit comments, which should refer to ``FFIEC 
101,'' by any of the following methods:
     Agency Web site: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at: http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include reporting 
form number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW., 
Washington, DC 20551.
    All public comments are available from the Board's Web site at 
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper form in Room 
3515, 1801 K Street NW. (between 18th and 19th Streets NW.), 
Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on weekdays.
    FDIC: You may submit comments, which should refer to ``FFIEC 101,'' 
by any of the following methods:
     Agency Web site: https://www.fdic.gov/regulations/laws/federal/. Follow the instructions for submitting comments on the FDIC 
Web site.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include ``FFIEC 101'' in the 
subject line of the message.
     Mail: Manuel E. Cabeza, Counsel, Room MB-3007, Attn: 
Comments, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street Building (located on F 
Street) on business days between 7:00 a.m. and 5:00 p.m.
    Public Inspection: All comments received will be posted without 
change to https://www.fdic.gov/regulations/laws/federal/ including any 
personal information provided. Comments may be inspected at the FDIC 
Public Information Center, Room E-1002, 3501 Fairfax Drive, Arlington, 
VA 22226, between 9:00 a.m. and 5:00 p.m. on business days.
    Additionally, commenters may send a copy of their comments to the 
OMB desk officer for the agencies by mail to the Office of Information 
and Regulatory Affairs, U.S. Office of Management and Budget, New 
Executive Office Building, Room 10235, 725 17th Street NW., Washington, 
DC 20503; by fax to (202) 395-6974; or by email to 
[email protected].

FOR FURTHER INFORMATION CONTACT: For further information about the 
proposed revisions to regulatory reporting requirements discussed in 
this notice, please contact any of the agency clearance officers whose 
names appear below. In addition, copies of the proposed revised FFIEC 
101 form and instructions can be obtained at the FFIEC's Web site 
(http://www.ffiec.gov/ffiec_report_forms.htm).
    OCC: Shaquita Merritt, OCC Clearance Officer, (202) 649-5490 or, 
for persons who are deaf or hard of hearing, TTY, (202) 649-5597, 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.
    Board: Nuha Elmaghrabi, Federal Reserve Board Clearance Officer, 
(202) 452-3829, Office of the Chief Data Officer, Board of Governors of 
the Federal Reserve System, Washington, DC 20551. Telecommunications 
Device for the Deaf (TDD) users may contact (202) 263-4869, Board of 
Governors of the Federal Reserve System, Washington, DC 20551.
    FDIC: Manuel E. Cabeza, Counsel, (202) 898-3767, Federal Deposit 
Insurance Corporation, 550 17th Street NW., Room MB-3007, Washington, 
DC 20429.

SUPPLEMENTARY INFORMATION: The agencies are proposing to extend for 
three years, with revision, the FFIEC 101, which is currently an 
approved collection of information for each agency.
    Report Title: Risk-Based Capital Reporting for Institutions Subject 
to the Advanced Capital Adequacy Framework.
    Form Number: FFIEC 101.
    Frequency of Response: Quarterly.
    Affected Public: Business or other for-profit.

OCC

    OMB Control No.: 1557-0239.
    Estimated Number of Respondents: 20 national banks and federal 
savings associations.
    Estimated Time per Response: 674 burden hours per quarter to file.
    Estimated Total Annual Burden: 53,920 burden hours to file.

Board

    OMB Control No.: 7100-0319.
    Estimated Number of Respondents: 6 state member banks; 16 bank 
holding companies and savings and loan holding companies; and 6 
intermediate holding companies.
    Estimated Time per Response: 674 burden hours per quarter for state 
member banks to file, 677 burden hours per quarter for bank holding 
companies and savings and loan holding companies to file; and 3 burden 
hours per quarter for intermediate holding companies to file.
    Estimated Total Annual Burden: 16,176 burden hours for state member 
banks to file; 43,328 burden hours for bank holding companies and 
savings and loan holding companies to file; and 72 burden hours for 
intermediate holding companies to file.

FDIC

    OMB Control No.: 3064-0159.
    Estimated Number of Respondents: 2 insured state nonmember banks 
and state savings associations.
    Estimated Time per Response: 674 burden hours per quarter to file.
    Estimated Total Annual Burden: 5,392 burden hours to file.

General Description of Reports

    Each advanced approaches banking organization is required to file 
quarterly regulatory capital data on the FFIEC 101. The FFIEC 101 
information collection is mandatory for advanced approaches banking 
organizations: 12 U.S.C. 161 (national banks), 12 U.S.C. 324 (state 
member banks), 12 U.S.C. 1844(c) (bank holding companies), 12 U.S.C. 
1467a(b) (savings and loan holding companies), 12 U.S.C. 1817 (insured 
state nonmember commercial and savings banks), 12 U.S.C. 1464 (savings 
associations), and 12 U.S.C. 1844(c), 3106, and 3108 (intermediate 
holding companies).
    The agencies use these data to assess and monitor the levels and 
components of each reporting entity's capital requirements and the 
adequacy of the

[[Page 25657]]

entity's capital under the Advanced Capital Adequacy Framework; to 
evaluate the impact of the Advanced Capital Adequacy Framework on 
individual reporting entities and on an industry-wide basis and its 
competitive implications; and to supplement on-site examination 
processes. The reporting schedules also assist advanced approaches 
banking organizations in understanding expectations relating to the 
system development necessary for implementation and validation of the 
Advanced Capital Adequacy Framework. Submitted data that are released 
publicly will also provide other interested parties with information 
about advanced approaches banking organizations' regulatory capital.

Current Actions

    On March 1, 2017, the agencies requested comment on proposed 
revisions to the FFIEC 101 reporting requirements.\1\ The proposed 
revisions would remove EAD information related to CVAs that already is 
captured in a separate item on FFIEC 101 Schedule B. Specifically, the 
agencies proposed to remove column D (EAD) for items 31.a, ``Credit 
valuation adjustments--simple approach,'' and 31.b, ``Credit valuation 
adjustments--advanced approach.'' These line items were added to the 
FFIEC 101 report in March of 2014, and were intended to provide data 
pertaining to the CVA requirements under the agencies' regulatory 
capital rules \2\ for over-the-counter (OTC) derivative activities.
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    \1\ 82 FR 12274 (March 1, 2017).
    \2\ For national banks and federal savings associations, 12 CFR 
part 3 (OCC); for state member banks and holding companies, 12 CFR 
part 217 (Board); and for state nonmember banks and state savings 
associations, 12 CFR part 324 (FDIC).
---------------------------------------------------------------------------

    The agencies subsequently determined that the EAD information 
reported in column D of items 31.a and 31.b on FFIEC 101 Schedule B is 
already captured in column D of item 10 (OTC derivatives--no cross-
product netting--EAD adjustment method) on FFIEC 101 Schedule B. 
Continuing to collect the same EAD information in both places is not 
only redundant, but also may be misinterpreted by the users of FFIEC 
101 data as additional default risk held by the reporting entity. For 
these reasons, the agencies proposed removing column D for items 31.a 
and 31.b on FFIEC 101 Schedule B. The agencies would continue to 
collect the amount of risk-weighted assets for CVAs in column G of 
items 31.a and 31.b on FFIEC 101 Schedule B.
    The comment period for this proposal expired on May 1, 2017. The 
agencies did not receive any comments on the proposal and are now 
submitting requests to OMB for review and approval of the extension, 
with revision, of the FFIEC 101. While the agencies originally proposed 
making the changes effective as of the June 30, 2017, report date, due 
to the time required for the PRA revision process, the agencies have 
revised the proposal. As revised, the reporting changes would instead 
take effect as of the September 30, 2017, report date. However, as the 
two items being removed are not made public or otherwise shared outside 
the agencies, reporting entities may elect to adopt the changes 
immediately by ceasing to report column D of items 31.a and 31.b on 
FFIEC 101 Schedule B.

Request for Comment

    Public comment is requested on all aspects of this joint notice. 
Comments are invited on:
    (a) Whether the collections of information that are the subject of 
this notice are necessary for the proper performance of the agencies' 
functions, including whether the information has practical utility;
    (b) The accuracy of the agencies' estimates of the burden of the 
information collections as they are proposed to be revised, including 
the validity of the methodology and assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.
    Comments submitted in response to this joint notice will be shared 
among the agencies. All comments will become a matter of public record.

    Dated: May 24, 2017.
Karen Solomon,
Deputy Chief Counsel, Office of the Comptroller of the Currency.
    Board of Governors of the Federal Reserve System, May 25, 2017.
Ann E. Misback,
Secretary of the Board.
    Dated at Washington, DC, this 26th day of May, 2017.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2017-11420 Filed 6-1-17; 8:45 am]
BILLING CODE 4810-33-P; 6210-01-P; 6714-01-P



                                                                                Federal Register / Vol. 82, No. 105 / Friday, June 2, 2017 / Notices                                           25655

                                               subject to the Federal Advisory                            RSTAC members are appointed for                     may not conduct or sponsor, and the
                                               Committee Act.                                          three-year terms. A member may serve                   respondent is not required to respond
                                                  RSTAC currently consists of 19                       after the expiration of his or her term                to, an information collection unless it
                                               members. Of this number, 15 members                     until a successor has been appointed.                  displays a currently valid Office of
                                               are appointed by the Chairman of the                    No member will be eligible to serve in                 Management and Budget (OMB) control
                                               Board, and the remaining four members                   excess of two consecutive terms.                       number.
                                               are comprised of the Secretary of                          Due to the expiration of an RSTAC                      On March 1, 2017, the agencies, under
                                               Transportation and the Members of the                   member’s term, a vacancy exists for an                 the auspices of the Federal Financial
                                               Board, who serve as ex officio,                         at-large (public interest) representative.             Institutions Examination Council
                                               nonvoting members.1 Of the 15                           Upon appointment by the Chairman, the                  (FFIEC), requested public comment on a
                                               members, nine members are voting                        new representative will serve for three                proposal to extend, with revision, the
                                               members and are appointed from senior                   years and may be eligible to serve a                   Regulatory Capital Reporting for
                                               executive officers of organizations                     second three-year term following the                   Institutions Subject to the Advanced
                                               engaged in the railroad and rail                        end of his or her first term.                          Capital Adequacy Framework (FFIEC
                                               shipping industries. At least four of the                  Suggestions for candidates to fill this             101). The FFIEC 101 is completed only
                                               voting members must be representatives                  vacancy should be submitted in letter                  by banking organizations subject to the
                                               of small shippers as determined by the                  form, identify the name of the                         advanced approaches risk-based capital
                                               Chairman, and at least four of the voting               candidate, provide a summary of why                    rule. Generally, this rule applies to
                                               members must be representatives of                      the candidate is qualified to serve on                 banking organizations with $250 billion
                                               Class II or III railroads. The remaining                RSTAC, and contain a representation                    or more in total consolidated assets or
                                               six members to be appointed—three                       that the candidate is willing to serve as              $10 billion or more in on-balance sheet
                                               representing Class I railroads and three                a member of RSTAC effective                            foreign exposures (advanced approaches
                                               representing large shipper                              immediately upon appointment. RSTAC                    banking organizations).
                                               organizations—serve in a nonvoting,                     candidate suggestions should be filed                     The agencies proposed to remove two
                                               advisory capacity, but are entitled to                  with the Board by June 29, 2017.                       credit valuation adjustment (CVA) items
                                               participate in RSTAC deliberations.                     Members selected to serve on RSTAC                     from the exposure at default (EAD)
                                                  RSTAC is required by statute to meet                 are chosen at the discretion of the                    column on FFIEC 101 Schedule B,
                                               at least semi-annually. In recent years,                Board’s Chairman. Please note that                     Summary Risk-Weighted Asset
                                               RSTAC has met four times a year.                        submissions will be available to the                   Information for Banks Approved to Use
                                               Meetings are generally held at the                      public at the Board’s offices and posted               Advanced Internal Ratings-Based and
                                               Board’s headquarters in Washington,                     on the Board’s Web site under Docket                   Advanced Measurement Approaches for
                                               DC, although some are held in other                     No. EP 526 (Sub-No. 9).                                Regulatory Capital Purposes (items 31.a
                                               locations.                                                                                                     and 31.b, column D).
                                                  RSTAC members receive no                               Authority: 49 U.S.C. 1325.
                                                                                                                                                                 The comment period for this proposal
                                               compensation for their services and are                   Decided: May 30, 2017.                               expired on May 1, 2017. The agencies
                                               required to provide for the expenses                      By the Board, Rachel D. Campbell,                    did not receive any comments
                                               incidental to their service, including                  Director, Office of Proceedings.                       addressing the proposed changes and
                                               travel expenses, as the Board cannot                    Kenyatta Clay,                                         are now submitting requests to OMB for
                                               provide for these expenses. RSTAC may                   Clearance Clerk.                                       review and approval of the extension,
                                               solicit and use private funding for its
                                                                                                       [FR Doc. 2017–11426 Filed 6–1–17; 8:45 am]             with revision, of the FFIEC 101. These
                                               activities, again subject to certain
                                                                                                       BILLING CODE 4915–01–P                                 reporting changes would take effect as
                                               restrictions in ICCTA. RSTAC members
                                                                                                                                                              of the September 30, 2017, report date.
                                               currently have elected to submit annual
                                               dues to pay for RSTAC expenses.                                                                                DATES: Comments must be submitted on
                                                  RSTAC members must be citizens of                    DEPARTMENT OF THE TREASURY                             or before July 3, 2017.
                                               the United States and represent as                                                                             ADDRESSES: Interested parties are
                                               broadly as practicable the various                      Office of the Comptroller of the                       invited to submit written comments to
                                               segments of the railroad and rail shipper               Currency                                               any or all of the agencies. All comments,
                                               industries. They may not be full-time                                                                          which should refer to the OMB control
                                               employees of the United States.                         FEDERAL RESERVE SYSTEM                                 number(s), will be shared among the
                                               According to revised guidance issued by                                                                        agencies.
                                               the Office of Management and Budget,                    FEDERAL DEPOSIT INSURANCE                                OCC: Because paper mail in the
                                               it is permissible for federally registered              CORPORATION                                            Washington, DC, area and at the OCC is
                                               lobbyists to serve on advisory                                                                                 subject to delay, commenters are
                                                                                                       Agency Information Collection
                                               committees, such as RSTAC, as long as                                                                          encouraged to submit comments by
                                                                                                       Activities: Submission for OMB
                                               they do so in a representative capacity,                                                                       email, if possible to prainfo@
                                                                                                       Review; Joint Comment Request
                                               rather than an individual capacity. See                                                                        occ.treas.gov. Comments may be sent to:
                                               Revised Guidance on Appointment of                      AGENCY:  Office of the Comptroller of the              Legislative and Regulatory Activities
                                               Lobbyists to Fed. Advisory Comms.,                      Currency (OCC), Treasury; Board of                     Division, Office of the Comptroller of
                                               Bds., & Commn’s., 79 FR 47482 (Aug.                     Governors of the Federal Reserve                       the Currency, Attention: 1557–0239
                                               13, 2014). Members of RSTAC are                         System (Board); and Federal Deposit                    (FFIEC 101), 400 7th Street SW., Suite
                                               appointed to serve in a representative                  Insurance Corporation (FDIC).                          3E–218, Washington, DC 20219. In
nlaroche on DSK30NT082PROD with NOTICES




                                               capacity.                                               ACTION: Joint notice and request for                   addition, comments may be sent by fax
                                                                                                       comment.                                               to (571) 465–4326. You may personally
                                                 1 The Surface Transportation Board                                                                           inspect and photocopy comments at the
                                               Reauthorization Act of 2015, Pub. L. 114–110            SUMMARY:  In accordance with the                       OCC, 400 7th Street SW., Washington,
                                               (2015), increased the number of Board Members
                                               from three to five. Once additional Board Members
                                                                                                       requirements of the Paperwork                          DC 20219. For security reasons, the OCC
                                               are appointed, they will also serve as RSTAC ex         Reduction Act (PRA) of 1995, the OCC,                  requires that visitors make an
                                               officio, nonvoting members.                             the Board, and the FDIC (the agencies)                 appointment to inspect comments. You


                                          VerDate Sep<11>2014   14:31 Jun 01, 2017   Jkt 241001   PO 00000   Frm 00061   Fmt 4703   Sfmt 4703   E:\FR\FM\02JNN1.SGM   02JNN1


                                               25656                            Federal Register / Vol. 82, No. 105 / Friday, June 2, 2017 / Notices

                                               may do so by calling (202) 649–6700 or,                    • Hand Delivery: Comments may be                      Form Number: FFIEC 101.
                                               for persons who are deaf or hard of                     hand delivered to the guard station at                   Frequency of Response: Quarterly.
                                               hearing, TTY, (202) 649–5597. Upon                      the rear of the 550 17th Street Building                 Affected Public: Business or other for-
                                               arrival, visitors will be required to                   (located on F Street) on business days                 profit.
                                               present valid government-issued photo                   between 7:00 a.m. and 5:00 p.m.
                                                                                                                                                              OCC
                                               identification and to submit to security                   Public Inspection: All comments
                                               screening in order to inspect and                       received will be posted without change                   OMB Control No.: 1557–0239.
                                               photocopy comments.                                     to https://www.fdic.gov/regulations/                     Estimated Number of Respondents: 20
                                                  All comments received, including                     laws/federal/ including any personal                   national banks and federal savings
                                               attachments and other supporting                        information provided. Comments may                     associations.
                                               materials, are part of the public record                be inspected at the FDIC Public                          Estimated Time per Response: 674
                                               and subject to public disclosure. Do not                Information Center, Room E–1002, 3501                  burden hours per quarter to file.
                                               enclose any information in your                         Fairfax Drive, Arlington, VA 22226,                      Estimated Total Annual Burden:
                                               comment or supporting materials that                    between 9:00 a.m. and 5:00 p.m. on                     53,920 burden hours to file.
                                               you consider confidential or                            business days.                                         Board
                                               inappropriate for public disclosure.                       Additionally, commenters may send a
                                                  Board: You may submit comments,                      copy of their comments to the OMB                        OMB Control No.: 7100–0319.
                                               which should refer to ‘‘FFIEC 101,’’ by                 desk officer for the agencies by mail to                 Estimated Number of Respondents: 6
                                               any of the following methods:                           the Office of Information and Regulatory               state member banks; 16 bank holding
                                                  • Agency Web site: http://                           Affairs, U.S. Office of Management and                 companies and savings and loan
                                               www.federalreserve.gov. Follow the                      Budget, New Executive Office Building,                 holding companies; and 6 intermediate
                                               instructions for submitting comments at:                Room 10235, 725 17th Street NW.,                       holding companies.
                                               http://www.federalreserve.gov/                          Washington, DC 20503; by fax to (202)                    Estimated Time per Response: 674
                                               generalinfo/foia/ProposedRegs.cfm.                      395–6974; or by email to oira_                         burden hours per quarter for state
                                                  • Federal eRulemaking Portal: http://                submission@omb.eop.gov.                                member banks to file, 677 burden hours
                                               www.regulations.gov. Follow the                                                                                per quarter for bank holding companies
                                                                                                       FOR FURTHER INFORMATION CONTACT: For
                                               instructions for submitting comments.                                                                          and savings and loan holding
                                                                                                       further information about the proposed
                                                  • Email: regs.comments@                              revisions to regulatory reporting
                                                                                                                                                              companies to file; and 3 burden hours
                                               federalreserve.gov. Include reporting                                                                          per quarter for intermediate holding
                                                                                                       requirements discussed in this notice,                 companies to file.
                                               form number in the subject line of the                  please contact any of the agency
                                               message.                                                                                                         Estimated Total Annual Burden:
                                                                                                       clearance officers whose names appear
                                                  • Fax: (202) 452–3819 or (202) 452–                                                                         16,176 burden hours for state member
                                                                                                       below. In addition, copies of the                      banks to file; 43,328 burden hours for
                                               3102.
                                                  • Mail: Ann E. Misback, Secretary,                   proposed revised FFIEC 101 form and                    bank holding companies and savings
                                               Board of Governors of the Federal                       instructions can be obtained at the                    and loan holding companies to file; and
                                               Reserve System, 20th Street and                         FFIEC’s Web site (http://www.ffiec.gov/                72 burden hours for intermediate
                                               Constitution Avenue NW., Washington,                    ffiec_report_forms.htm).                               holding companies to file.
                                                                                                          OCC: Shaquita Merritt, OCC Clearance
                                               DC 20551.
                                                                                                       Officer, (202) 649–5490 or, for persons                FDIC
                                                  All public comments are available
                                               from the Board’s Web site at                            who are deaf or hard of hearing, TTY,                    OMB Control No.: 3064–0159.
                                               www.federalreserve.gov/generalinfo/                     (202) 649–5597, Legislative and                          Estimated Number of Respondents: 2
                                               foia/ProposedRegs.cfm as submitted,                     Regulatory Activities Division, Office of              insured state nonmember banks and
                                               unless modified for technical reasons.                  the Comptroller of the Currency, 400 7th               state savings associations.
                                               Accordingly, your comments will not be                  Street SW., Washington, DC 20219.                        Estimated Time per Response: 674
                                               edited to remove any identifying or                        Board: Nuha Elmaghrabi, Federal                     burden hours per quarter to file.
                                               contact information. Public comments                    Reserve Board Clearance Officer, (202)                   Estimated Total Annual Burden:
                                               may also be viewed electronically or in                 452–3829, Office of the Chief Data                     5,392 burden hours to file.
                                               paper form in Room 3515, 1801 K Street                  Officer, Board of Governors of the
                                                                                                       Federal Reserve System, Washington,                    General Description of Reports
                                               NW. (between 18th and 19th Streets
                                               NW.), Washington, DC 20006 between                      DC 20551. Telecommunications Device                       Each advanced approaches banking
                                               9:00 a.m. and 5:00 p.m. on weekdays.                    for the Deaf (TDD) users may contact                   organization is required to file quarterly
                                                  FDIC: You may submit comments,                       (202) 263–4869, Board of Governors of                  regulatory capital data on the FFIEC
                                               which should refer to ‘‘FFIEC 101,’’ by                 the Federal Reserve System,                            101. The FFIEC 101 information
                                               any of the following methods:                           Washington, DC 20551.                                  collection is mandatory for advanced
                                                  • Agency Web site: https://                             FDIC: Manuel E. Cabeza, Counsel,                    approaches banking organizations: 12
                                               www.fdic.gov/regulations/laws/federal/.                 (202) 898–3767, Federal Deposit                        U.S.C. 161 (national banks), 12 U.S.C.
                                               Follow the instructions for submitting                  Insurance Corporation, 550 17th Street                 324 (state member banks), 12 U.S.C.
                                               comments on the FDIC Web site.                          NW., Room MB–3007, Washington, DC                      1844(c) (bank holding companies), 12
                                                  • Federal eRulemaking Portal: http://                20429.                                                 U.S.C. 1467a(b) (savings and loan
                                               www.regulations.gov. Follow the                         SUPPLEMENTARY INFORMATION: The                         holding companies), 12 U.S.C. 1817
                                               instructions for submitting comments.                   agencies are proposing to extend for                   (insured state nonmember commercial
                                                  • Email: comments@FDIC.gov.                          three years, with revision, the FFIEC                  and savings banks), 12 U.S.C. 1464
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                                               Include ‘‘FFIEC 101’’ in the subject line               101, which is currently an approved                    (savings associations), and 12 U.S.C.
                                               of the message.                                         collection of information for each                     1844(c), 3106, and 3108 (intermediate
                                                  • Mail: Manuel E. Cabeza, Counsel,                   agency.                                                holding companies).
                                               Room MB–3007, Attn: Comments,                              Report Title: Risk-Based Capital                       The agencies use these data to assess
                                               Federal Deposit Insurance Corporation,                  Reporting for Institutions Subject to the              and monitor the levels and components
                                               550 17th Street NW., Washington, DC                     Advanced Capital Adequacy                              of each reporting entity’s capital
                                               20429.                                                  Framework.                                             requirements and the adequacy of the


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                                                                                Federal Register / Vol. 82, No. 105 / Friday, June 2, 2017 / Notices                                           25657

                                               entity’s capital under the Advanced                     proposal and are now submitting                        DEPARTMENT OF THE TREASURY
                                               Capital Adequacy Framework; to                          requests to OMB for review and
                                               evaluate the impact of the Advanced                     approval of the extension, with revision,              Multiemployer Pension Plan
                                               Capital Adequacy Framework on                           of the FFIEC 101. While the agencies                   Application To Reduce Benefits
                                               individual reporting entities and on an                 originally proposed making the changes
                                                                                                                                                              AGENCY:Department of the Treasury.
                                               industry-wide basis and its competitive                 effective as of the June 30, 2017, report
                                               implications; and to supplement on-site                 date, due to the time required for the                 ACTION:Notice of availability; extension
                                               examination processes. The reporting                    PRA revision process, the agencies have                of comment period.
                                               schedules also assist advanced                          revised the proposal. As revised, the                  SUMMARY:   On April 19, 2017, the
                                               approaches banking organizations in                     reporting changes would instead take                   Department of the Treasury published a
                                               understanding expectations relating to                  effect as of the September 30, 2017,                   notice of availability and request for
                                               the system development necessary for                    report date. However, as the two items                 comments regarding an application to
                                               implementation and validation of the                    being removed are not made public or                   reduce benefits under the United
                                               Advanced Capital Adequacy                               otherwise shared outside the agencies,                 Furniture Workers Pension Fund A
                                               Framework. Submitted data that are                      reporting entities may elect to adopt the              (UFW Pension Fund) in accordance
                                               released publicly will also provide other               changes immediately by ceasing to                      with the Multiemployer Pension Reform
                                               interested parties with information                     report column D of items 31.a and 31.b                 Act of 2014. The purpose of this notice
                                               about advanced approaches banking                       on FFIEC 101 Schedule B.                               is to extend the comment period and
                                               organizations’ regulatory capital.
                                                                                                       Request for Comment                                    provide more time for interested parties
                                               Current Actions                                                                                                to provide comments.
                                                                                                         Public comment is requested on all
                                                  On March 1, 2017, the agencies                                                                              DATES: The comment period for the
                                                                                                       aspects of this joint notice. Comments
                                               requested comment on proposed                                                                                  notice published April 19, 2017 (82 FR
                                                                                                       are invited on:
                                               revisions to the FFIEC 101 reporting                                                                           18536), is extended. Comments must be
                                               requirements.1 The proposed revisions                     (a) Whether the collections of                       received on or before June 20, 2017.
                                               would remove EAD information related                    information that are the subject of this
                                                                                                                                                              ADDRESSES: You may submit comments
                                               to CVAs that already is captured in a                   notice are necessary for the proper
                                                                                                                                                              electronically through the Federal
                                               separate item on FFIEC 101 Schedule B.                  performance of the agencies’ functions,
                                                                                                                                                              eRulemaking Portal at http://
                                               Specifically, the agencies proposed to                  including whether the information has
                                                                                                                                                              www.regulations.gov, in accordance
                                               remove column D (EAD) for items 31.a,                   practical utility;
                                                                                                                                                              with the instructions on that site.
                                               ‘‘Credit valuation adjustments—simple                     (b) The accuracy of the agencies’                    Electronic submissions through
                                               approach,’’ and 31.b, ‘‘Credit valuation                estimates of the burden of the                         www.regulations.gov are encouraged.
                                               adjustments—advanced approach.’’                        information collections as they are                       Comments may also be mailed to the
                                               These line items were added to the                      proposed to be revised, including the                  Department of the Treasury, MPRA
                                               FFIEC 101 report in March of 2014, and                  validity of the methodology and                        Office, 1500 Pennsylvania Avenue NW.,
                                               were intended to provide data                           assumptions used;                                      Room 1224, Washington, DC 20220.
                                               pertaining to the CVA requirements                        (c) Ways to enhance the quality,                     Attn: Eric Berger. Comments sent via
                                               under the agencies’ regulatory capital                  utility, and clarity of the information to             facsimile and email will not be
                                               rules 2 for over-the-counter (OTC)                      be collected;                                          accepted.
                                               derivative activities.                                    (d) Ways to minimize the burden of                      Additional Instructions. All
                                                  The agencies subsequently                            information collections on respondents,                comments received, including
                                               determined that the EAD information                     including through the use of automated                 attachments and other supporting
                                               reported in column D of items 31.a and                  collection techniques or other forms of                materials, will be made available to the
                                               31.b on FFIEC 101 Schedule B is already                 information technology; and                            public. Do not include any personally
                                               captured in column D of item 10 (OTC                                                                           identifiable information (such as Social
                                                                                                         (e) Estimates of capital or start-up
                                               derivatives—no cross-product netting—                                                                          Security number, name, address, or
                                                                                                       costs and costs of operation,
                                               EAD adjustment method) on FFIEC 101                                                                            other contact information) or any other
                                               Schedule B. Continuing to collect the                   maintenance, and purchase of services
                                                                                                       to provide information.                                information in your comment or
                                               same EAD information in both places is                                                                         supporting materials that you do not
                                               not only redundant, but also may be                       Comments submitted in response to
                                                                                                       this joint notice will be shared among                 want publicly disclosed. Treasury will
                                               misinterpreted by the users of FFIEC                                                                           make comments available for public
                                               101 data as additional default risk held                the agencies. All comments will become
                                                                                                       a matter of public record.                             inspection and copying on
                                               by the reporting entity. For these                                                                             www.regulations.gov or upon request.
                                               reasons, the agencies proposed                            Dated: May 24, 2017.                                 Comments posted on the Internet can be
                                               removing column D for items 31.a and                    Karen Solomon,                                         retrieved by most Internet search
                                               31.b on FFIEC 101 Schedule B. The                       Deputy Chief Counsel, Office of the                    engines.
                                               agencies would continue to collect the                  Comptroller of the Currency.
                                               amount of risk-weighted assets for CVAs                                                                        FOR FURTHER INFORMATION CONTACT:    For
                                                                                                         Board of Governors of the Federal Reserve
                                               in column G of items 31.a and 31.b on                   System, May 25, 2017.                                  information regarding the application
                                               FFIEC 101 Schedule B.                                                                                          from the UFW Pension Fund, please
                                                                                                       Ann E. Misback,
                                                  The comment period for this proposal                                                                        contact Treasury at (202) 622–1534 (not
                                                                                                       Secretary of the Board.
                                               expired on May 1, 2017. The agencies                                                                           a toll free number).
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                                                                                                         Dated at Washington, DC, this 26th day of
                                               did not receive any comments on the                                                                            SUPPLEMENTARY INFORMATION: The
                                                                                                       May, 2017.
                                                                                                                                                              Multiemployer Pension Reform Act of
                                                 1 82FR 12274 (March 1, 2017).                         Federal Deposit Insurance Corporation.                 2014 (MPRA) amended the Internal
                                                 2 Fornational banks and federal savings               Robert E. Feldman,                                     Revenue Code to permit a
                                               associations, 12 CFR part 3 (OCC); for state member     Executive Secretary.
                                               banks and holding companies, 12 CFR part 217
                                                                                                                                                              multiemployer plan that is projected to
                                               (Board); and for state nonmember banks and state        [FR Doc. 2017–11420 Filed 6–1–17; 8:45 am]             have insufficient funds to reduce
                                               savings associations, 12 CFR part 324 (FDIC).           BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P           pension benefits payable to participants


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Document Created: 2017-06-02 00:37:56
Document Modified: 2017-06-02 00:37:56
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionJoint notice and request for comment.
DatesComments must be submitted on or before July 3, 2017.
ContactFor further information about the proposed revisions to regulatory reporting requirements discussed in this notice, please contact any of the agency clearance officers whose names appear below. In addition, copies of the proposed revised FFIEC 101 form and instructions can be obtained at the FFIEC's Web site (http://www.ffiec.gov/ffiec_report_forms.htm).
FR Citation82 FR 25655 

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